China Education Group Holdings Limited

SZSC:839 Stock Report

Market Cap: HK$13.1b

China Education Group Holdings Balance Sheet Health

Financial Health criteria checks 3/6

China Education Group Holdings has a total shareholder equity of CN¥19.1B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are CN¥36.2B and CN¥17.1B respectively. China Education Group Holdings's EBIT is CN¥2.4B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥5.5B.

Key information

46.7%

Debt to equity ratio

CN¥8.94b

Debt

Interest coverage ratio5.7x
CashCN¥5.50b
EquityCN¥19.15b
Total liabilitiesCN¥17.07b
Total assetsCN¥36.22b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 839's short term assets (CN¥5.7B) do not cover its short term liabilities (CN¥7.5B).

Long Term Liabilities: 839's short term assets (CN¥5.7B) do not cover its long term liabilities (CN¥9.6B).


Debt to Equity History and Analysis

Debt Level: 839's net debt to equity ratio (17.9%) is considered satisfactory.

Reducing Debt: 839's debt to equity ratio has increased from 33.2% to 46.7% over the past 5 years.

Debt Coverage: 839's debt is well covered by operating cash flow (43%).

Interest Coverage: 839's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


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